GBPUSD The market closing above 1.7500 indicates that prices will continue to rise towards 1.2600. The third resistance level is 1.2700, reaching this level indicates a strong uptrend. This move not only shows strong sentiment, but also shows that...
AUD-USD PAIR FORECAST The upward movement of the AUDUSD pair on Monday - Tuesday seems to have failed to continue testing resistance (R1) 0.6697. Even though the price managed to pass the EMA 50 and pivot point (PP) 0.6645, the upward rally stopped...
Navigating the USD/CAD Currency Pair: Analyzing Price Action Dynamics for Informed Trading Strategies: As we delve into the intricate dynamics of the USD/CAD currency pair, it becomes evident that a nuanced approach is imperative to navigate the...
The Australian dollar (AUD) took a hit on Friday, falling to 0.6660 against the US dollar (USD) as investors awaited the release of the key US Non-Farm Payrolls (NFP) report. This report is expected to significantly influence market expectations for...
USD/CAD Technical Analysis Even though the blue channel line has been rising above the monthly level of 1.3765, it is essential to note that both provide resistance for the price from the current level in line with the higher blue channel line. With...